Dombrovskis on European Recovery, Budgets, Germany

The video discusses the ongoing economic recovery in Europe, highlighting growth indicators and the reduction of unemployment and public debt. It addresses fiscal performance and compliance issues among EU member states, with a focus on Italy, Spain, France, and the UK. The video also covers the EU's plans for economic convergence and reform, considering political changes in Germany. Finally, it explores the potential economic implications of Brexit on EU-UK relations and business operations.

What is the expected growth rate for Europe this year?

• 1%

• 2%

• 4%

• 3%

Which country is reported to need a budget adjustment of €5 billion in 2018?

• Spain

• France

• Italy

• Germany

Which two countries are still in excessive deficit procedure?

• UK and France

• Italy and Germany

• Spain and France

• Spain and UK

What approach is President Macron's administration taking towards reforms?

• No reforms planned

• Reforms only in the second half of the mandate

• Front-loaded reforms early in the mandate

• Gradual reforms over time

What is a priority for the European Commission in December?

• Deepening economic and monetary union

• Increasing military spending

• Reducing trade tariffs

• Expanding EU membership

What is the potential impact of Germany's political situation on Europe?

• Higher trade tariffs

• Reduced strength in reforms

• More EU members

• Increased military spending

What will UK financial institutions lose due to Brexit?

• EU passport

• Access to EU markets

• Trade agreements

• Banking licenses